Margaret Karchmer | Wiley Rein The United States District Court for the Southern District of Florida, applying Florida law, denied an excess insurer’s motion to dismiss an estoppel claim where the insurer reversed its coverage position on which the insured alleged it had detrimentally relied. Scott v. Certain Underwriters at Lloyd’s London Subscribing to Policy No.… Continue reading Promissory Estoppel Claim Allowed to Proceed Against Insurer Based on Reversal in Coverage Position
Tag: insurance coverage
Insurer Springs a Leak in Its Pursuit of Subrogation
Katherine Dempsey | White and Williams In Nationwide Prop & Cas. Ins. Co. v. Fireline Corp., No. 1:20-cv-00684, 2023 U.S. Dist. LEXIS 104241, the United States District Court for the District of Maryland (District Court) considered whether the events giving rise to the plaintiff’s claims fell within the scope of a previously formed agreement, thereby rendering… Continue reading Insurer Springs a Leak in Its Pursuit of Subrogation
Generative AI’s Impact On Insurance Coverage: An Interview With ChatGPT-4 And Coverage Counsel On What Policyholders Should Be Doing Now
Tamara D. Bruno, Peter M. Gillon and Jesse N. Vazquez | Pillsbury Winthrop Shaw Pittman Generative AI is transforming our economy in previously unimagined ways, with Goldman Sachs estimating a $7 trillion (7%) increase in global GDP by virtue of this ecosystem. Insurance is but one sector that will be impacted, with new products, services and opportunities… Continue reading Generative AI’s Impact On Insurance Coverage: An Interview With ChatGPT-4 And Coverage Counsel On What Policyholders Should Be Doing Now
Construction Litigation Roundup: “A Reel Insurance Brainteaser”
Daniel Lund III | Phelps Dunbar During construction of a movie theater in New York, an employee of a subcontractor was seriously injured by a co-employee operating a forklift. The injured employee sued the general contractor and the project and property owners for his injuries. The general contract had the typical insurance clauses in it,… Continue reading Construction Litigation Roundup: “A Reel Insurance Brainteaser”
Agent Not Responsible for Insured’s Lack of Coverage
Tred R. Eyerly | Insurance Law Hawaii The court dismissed the insured’s complaint against the agent for alleged failure to procure proper coverage. Asphalt Recovery Specialists, Inc. v. Gallagher, 2023 U.S. Dist. LEXIS 73112 (D. Colo. March 23, 2023). Asphalt Recover Specialists, Inc. (ARS) engaged Arthur J. Gallagher & Co. to procure… Continue reading Agent Not Responsible for Insured’s Lack of Coverage